While no one was paying attention, tensions in Ukraine reached an all-time high

The yearlong armed conflict in eastern Ukraine between government security forces and Russia-backed rebels has reached one of its tensest points yet.

Reuters reports that the leaders of Russia, Ukraine, France and Germany will meet Wednesday in Belarus in what might be the last possible attempt to secure a cease-fire before a "dramatic spiral" that renders peace impossible.

+ Ukrainian President Petro Poroshenko said he hoped the meeting would produce a "swift and unconditional cease-fire" in eastern Ukraine, where the U.N. estimates the death toll has risen to an astonishing 5,358.

+ The negotiations come at a critical time. Separatist advances into Ukrainian territory have been gaining pace, while a recent report by major U.S. think tanks urged President Obama to begin arming Poroshenko with $1 billion in weapons annually through 2017. Unless something changes quickly, the situation will only get more heated.

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